Feeder Fund

Have you heard of the term feeder fund? If yes, do you really know what it is? Basically, it is a kind of mutual fund. According to Investopedia, “A feeder fund is one of a number of funds that all put investment capital into an overarching umbrella fund that is called the master fund, for which one …

Price of a Mutual Fund

Have you ever wondered how the price of a mutual fund is determined? What makes the digits tick? Why must there be four decimal points in the price? In this article, we shall find the answers. The published price is actually the net asset value (NAV) of the fund. What is NAV? Quoting Investopedia: “Net …

Investopedia

Since I have quoted so many times from Investopedia, I would be remiss not to write an article about it in this blog. It is like taking people’s ideas without giving credit (although I did give credit to them). What does it do? And why do I use it so often? Taken directly from its …

Cost of Stock Investing

(Updated: 31 January 2020) In Malaysia, every share transaction of listed companies takes place in Bursa Malaysia. Since it is a regulated transaction, there are fees and charges involved as well. That is the reason why the amount payable is always more than the share price. This is the cost of stock investing. What are …

Private Retirement Scheme

Have you ever heard of private retirement scheme (PRS)? No? But if you are working, the chances are that you already know Employees’ Provident Fund (EPF) or in Malay, “Kumpulan Wang Simpanan Pekerja” (KWSP).  Or if you are a government servant, you may know the Retirement Fund (Incorporated) aka “Kumpulan Wang Persaraan (Diperbadankan)” (KWAP). Both …

Brokerage Firms

To invest in Bursa Malaysia, we need the service of brokerage firms. What exactly is a brokerage firm? Quoting Investopedia: “A brokerage company’s main duty is to be a middleman that connects buyers and sellers to facilitate a transaction. Brokerage companies receive compensation by means of commission once the transaction has successfully completed. For example, when a trade order …

Bursa Malaysia

To participate directly in Malaysian stock market, you definitely need to know a thing or two about Bursa Malaysia. At the very least, you should know that this place is where all the public companies are listed and where their shares are offered to public. So what exactly is Bursa Malaysia? It is a public-listed …